INDONESIA: Severing US Ties Will Hit Economy
Indonesian business leaders and analysts have warned that cutting diplomatic ties with the US could disrupt the economic recovery programme beyond repair, bankrupting at least half of the country's factories, and losing millions of jobs. A chairman of the Indonesian Chamber of Commerce and Industry, Iman Taufik, said that although the US was "not right" to attack Afghanistan in search of Osama bin Laden, severing diplomatic ties with the US as a result would be disastrous for Indonesia. He pointed out that anti-American reactions had already caused losses to various industries.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- China leads US apparel sources with falling prices
- Vietnam grows share of US apparel imports in 2016
- Hard hit Turkish industry is not knocked out
- US apparel sector braces for potential cost hikes
- Trade Tracker – Trump's first weeks, Brexit agenda
- VF Corp sees Q4 and FY earnings tumble
- US Q4 in brief – Macy's, Walmart, VF Corp
- Adidas and Burberry recognised for sustainability
- Bangladesh crackdown has cost garment sector $100m
- Bangladesh "high threat" for terrorist activity
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Global market review of lingerie – forecasts to 2022
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar